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Gitennes Exploration Inc V.GIT

Alternate Symbol(s):  GILXF

Gitennes Exploration Inc. is a gold exploration company. The Company is in the business of exploring for and advancing mineral properties with a focus on high grade or large tonnage gold deposits. The Company has five gold properties in Quebec, JMW, New Mosher, Maxwell, VG Boulder and Serpenphior, the Snowbird gold property in British Columbia. It has an option to earn up to an 85% interest in the New Mosher Gold Property which is 670 hectares and is located approximately four kilometers (km) from the past producing Joe Mann Gold Mine. The Maxwell Property is 6,640 hectares and it is located approximately 14 kilometers south of Chapais and 18 kilometers northeast of the Company’s JMW property. It owns 100% of the 2,150-hectare JMW Property, which is located approximately 30 km south of Chapais Quebec. The Snowbird High Grade Gold Project consists of eight mineral claims, comprising 3,018 hectares, located approximately 20 km west of Fort St. James, in central British Columbia.


TSXV:GIT - Post by User

Bullboard Posts
Post by u8fishon Aug 25, 2005 4:14pm
124 Views
Post# 9462854

megacopper

megacopperI have seen you on the BGO board and have been watching this one on your advice. It has popped from a .50 to $1 since. I respect your comments but have you looked at the financials lately. They only have $1M to fund further exploration. Who is going to fund it? There will be another PP and more dilution. There is already a market cap of $34M +. They have essentially used up $33M and have little to show for it. This Tuch property is going to have to be something else for this stock price to go up.This makes me very tenative.
Bullboard Posts